Participants of Credit association ORDA credit LLP (Kazakhstan) approved the annual financial statement and decided to pay dividends for 2007

05.06.08 17:41
/IRBIS, Raushan Tundybayeva, June 5, 08/ - Credit association ORDA credit LLP (Shymkent, hereinafter - the company), bonds of which are traded in the Kazakhstan Stock Exchange (KASE) category "B" official list, provided KASE with protocol of annual general meeting of its participants, dated May 11, 2008. According to meeting agenda participants of the company made the following decisions: - to approve the report of Board about performance of expenditure and income estimate and financial statement of the company for 2007; - to direct income for 2007 to dividends payment, on the basis of 12% APR, to direct income in amount of KZT14,249,378.42, received by the results of first quarter, 2008 to preliminary dividends payment; - to approve annual expenditure and income estimate of the company for 2008; - to sell the stakes in authorized capitals of the following economic organizations: - MCO Arnur Credit LLP in amount of 50% on sum KZT60.0 m.; - Bagyt LLP in amount of 100% on sum KZT3.0 m.; - Onir LLP amount of 16.6% on sum KZT5.0 m.; - to reorganize Daughter organization ORDA credit into second tier bank in legal organization form of Joint Stock Company with increasing of authorized capital to KZT1,517.0 m. [2008-06-05]